NAFTA surface trade fell again to close ’08
WASHINGTON — Surface transportation between the U.S and Canada dropped a whopping 17 percent in December 2008, compared to the same month the year before.
Imports by truck into the U.S. from Canada was 15.4 percent lower, reports the DOT’s Bureau of Transportation Statistics.
Michigan continues to lead all states in surface trade with Canada with $4 billion.
Total surface trade between all three NAFTA partners was 13.1 percent lower in December 2008 than the same period in 2007 — the second straight month that the drop was more than 13 percent.
Total value of goods moved by land fell to $52.9 billion.
Surface transportation consists of freight transport by truck, rail and pipeline.
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